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Compensation & Benefits

Coronavirus drives shift in employer-provided benefits

12/15/2020
The past year saw a significant increase in employer-offered telemedicine, paid and unpaid caregiver leave, tuition discounts and hazard pay, according to the WorldatWork association.

Identify pay disparities, correct them now

12/10/2020
Here’s a reminder that employers should proactively revise their pay practices with an eye toward ending pay disparities. The fact is, agencies such as the EEOC are going all out to make sure women are paid as much as men, even if the differences are small or don’t last long.

Hazard pay is back—and so are its risks

12/10/2020
Covid-19 cases are spiking again and employers are again beginning to offer hazard pay. In some cases, workers are demanding even higher pay and greater safety protections than before. How employers respond and structure round two of hazard pay may have lasting impact on operations.

Employers look to add value to retirement plans

12/08/2020
Employers are eyeing a variety of new retirement plan features to enhance employees’ overall financial wellbeing, according to a new survey by Willis Towers Watson.

A shot in the arm is worth two questions, at least

12/02/2020
Can you require employees to get vaccinated? And must your group health plan cover the expense cost-free to employees?

More bonuses this year, but probably worth less

12/01/2020
Eighty-one percent of employers reported they would offer at least some employees a bonus or holiday gift this year.

DOL: Include covid hazard pay when determining overtime rate

12/01/2020
Employers must factor coronavirus-related hazard pay into an employee’s regular rate of pay when calculating how much to pay for overtime hours.

JPMorgan Chase to pay $9.8 mil for pay bias

11/25/2020
The U.S. Department of Labor’s Office of Federal Contract Compliance Programs has been at the forefront of confronting pay disparities between men and women. Lately the OFCCP has been on a roll.

W-2 reporting: Some good news and bad news from the IRS

11/24/2020
When filing your 2020 W-2 forms, the IRS says the e-filing threshold will stay at 250, meaning organizations filing 250 or more W-2s must file electronically. The bad news: W-2 filing will be complicated this time around.

FFCRA to expire Dec. 31: Will it be extended?

11/19/2020
When Congress passed the Families First Coronavirus Response Act in March, it set the law to expire on Dec. 31. The virus is still raging and Congress is now considering extending into 2021 the law.